HomeLight

JANUARY 12, 2024

If you’ve been shopping for a home, you’ve likely come across the term “loan contingency,” and you may be considering including this clause in your purchase offer. Or perhaps you’ve already made a loan-contingent offer, and you’re wondering about contingency removal. What is a loan contingency?

Loan contingency 99

Loan contingency Loans Earnest money deposit Inspection contingency 99

Realty Biz

JANUARY 7, 2021

The fact is that another round of negotiations is frequently needed after the house is professionally inspected. Nor should the inspector be involved in a second round of negotiations after the inspection. Nor should the inspector be involved in a second round of negotiations after the inspection.

Inspection 120

Inspection Purchase and sale agreement Loan contingency Loans 120

HomeLight

JANUARY 31, 2024

Contingent listings can be puzzling and sometimes frustrating — especially when you’re searching for your dream home. In this post, we’ll unpack real estate contingencies, clarify the difference between contingent vs. pending, and explain how long a house might remain labeled as contingent. Why Move Twice?

Purchase and sale agreement 100

Purchase and sale agreement Inspection contingency Home sale contingency Inspection 100

HomeLight

AUGUST 31, 2021

A cash offer simply means that a buyer already has the funds available to buy the house and can pay for it without securing a mortgage loan. The associated contingencies , which come with additional risks for the seller, are where you’ll find most key distinctions between a cash offer and an offer backed by a mortgage loan.

Due diligence 77

Due diligence Inspection Pre-approval Pre-qualification 77

HomeLight

AUGUST 23, 2022

Looking to sell a house “as is” in Ohio? Whether you’ve got a fixer-upper or recently inherited a relative’s home, sometimes the goal is to skip repairs, get a fair offer, and move on. According to top producing Columbus, Ohio real estate agent, Lorraine (Lori) Lynn , every house is sold ‘as is’ in the state of Ohio. Average sales price in Ohio.

As-is 95

As-is Investor Closing costs Inspection 95

Redfin

SEPTEMBER 2, 2020

You’ve been house hunting for weeks, possibly months, and now you’ve finally found a beautiful home that would be just perfect for your family. Already familiar with how to make an offer on a house , you submit what you believe is a competitive offer and anxiously wait for a response. What is a bidding war? 3) Present an all-cash offer.

Pre-approval 78

Pre-approval Loan contingency Agents Banks 78

HomeLight

JANUARY 13, 2022

You’re getting ready to call your agent to schedule a showing when you notice that the listing says the property is “active contingent.”. What on earth does active contingent mean? In this guide, we’ll take the term “active contingent listing” and break down what it means. What does active contingent mean?

Backup offer 77

Backup offer Inspection contingency Purchase and sale agreement Home sale contingency 77